VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Principal Securities Inc.

Principal Securities Inc. raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 22,582 shares of the company’s stock after buying an additional 80 shares during the period. Principal Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $4,775,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC bought a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $27,000. Arlington Trust Co LLC raised its position in shares of VanEck Semiconductor ETF by 775.0% during the first quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock worth $37,000 after acquiring an additional 155 shares during the last quarter. Blue Trust Inc. raised its position in shares of VanEck Semiconductor ETF by 103.7% during the 1st quarter. Blue Trust Inc. now owns 275 shares of the company’s stock valued at $58,000 after acquiring an additional 140 shares during the last quarter. Russell Investments Group Ltd. increased its stake in VanEck Semiconductor ETF by 529.3% in the fourth quarter. Russell Investments Group Ltd. now owns 258 shares of the company’s stock valued at $62,000 after purchasing an additional 217 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $63,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $283.48 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $285.19. The stock has a market capitalization of $26.67 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. The business has a 50-day moving average of $251.50 and a 200-day moving average of $237.99.

VanEck Semiconductor ETF Profile

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.